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TRANSPORT Naamsa cheered by ‘generous tax relief’

February 28 2013 at 08:00am
By SAPA

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A balanced and innovative set of budget proposals were made that intended to support growth and employment, the National Association of Automobile Manufacturers of South Africa (Naamsa) said yesterday. “Encouragingly, the budget proposals contained no major tax shocks and in fact provided generous personal income tax relief… of R7.3 billion,” Naamsa president Johan Van Zyl said. He welcomed the commitment to fiscal discipline. – Sapa


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